Watch List notes:

Licinius I. AD 308-324. Æ Follis (20.5mm, 3.35 g, 12h). Alexandria mint, 5th officina. Struck AD 315. Laureate head right / Jupiter standing left, holding Victory on globe and scepter; eagle at feet to left, holding wreath in beak; –|(wreath)/Є/N//ALE. RIC VII 10. Partial silvering, now toned gold, some green deposits. Near EF.

Ex Phil Peck Collection.